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Eskom unbundling announced as South Africa returns to load-shedding

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386

14 February 2019

President Cyril Ramaphosa said in his State of the Nation address on 7 February that “Eskom is in crisis and the risks it poses to South Africa are great”, a point emphasised when stage 4 load-shedding – meaning that more than 4GW was cut from the grid – was implemented a few days later. Ramaphosa said that unless a new business model was found for the utility, South Africa would face the same problem again and again.